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-AIA Document A31 OTm - 2010
<br />CONTRACTOR: SURETY:
<br />(Name, legal status and address) (Name, legal status and principal place
<br />Indiana Earth, Inc. of business)
<br />y North American Specialty Insurance Compan)this document has Important legal
<br />Osceola,
<br />la, IN 46 Highway650 Elm Street
<br />Osceola, IN 46561 Manchester, NH 03101 consequences. Consultation with
<br />OWNER: an attorney is encoumged with
<br />(Name, legal status and address) respect to its completion or
<br />Ci of South B d modifcadon.
<br />ty an
<br />227 West Jefferson Boulevard Any singular reference to
<br />South Bend, IN 46601 Contractor, Surety, Owner or
<br />BOND AMOUNT: ***FIVE PERCENT OF AMOUNT BID*** other party shall be considered
<br />plural where applicable.
<br />PROJECT:
<br />(Name, location or address, and Project number, if any)
<br />Berlin Place Site Development
<br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the
<br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and
<br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bidof the Contractor
<br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and
<br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such
<br />bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted
<br />in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithfitl performance of such Contract
<br />and for the prompt payment of labor and material furnished in the prosecution thereof,• or (2) pays to the Owner the
<br />difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount
<br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this
<br />obligation shall be null and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of
<br />an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of
<br />notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for
<br />acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for
<br />an extension beyond sixty (60) days.
<br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall
<br />be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor.
<br />When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the project,
<br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and
<br />provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so
<br />famished, geStent is that this Bonorshpll be construed as a statutory bond and not as a common law bond.
<br />Signed d sealed this 17t { day of November 2016
<br />Indiana Earth, I
<br />/1 5 15
<br />(Principal) /
<br />Todd Sebago. Attornev.in•Fact
<br />[nit AIA Documant A310- —2010. Copyright 01963, 1970 and 2010 by The American institute of Architects. All rights reserved. WARNING: This AlA*
<br />Document Is protected by U.S. Copyright I.aw and International Treaties. Unauthorized reproduction or distribution of this AIA* Document or
<br />any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law.
<br />/ Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Conrad Documents, e-mail
<br />TheAmedcen Institute of Architects' legal counsel, copyright@aia.org. omno
<br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the
<br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and
<br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bidof the Contractor
<br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and
<br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such
<br />bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted
<br />in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithfitl performance of such Contract
<br />and for the prompt payment of labor and material furnished in the prosecution thereof,• or (2) pays to the Owner the
<br />difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount
<br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this
<br />obligation shall be null and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of
<br />an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of
<br />notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for
<br />acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for
<br />an extension beyond sixty (60) days.
<br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall
<br />be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor.
<br />When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the project,
<br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and
<br />provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so
<br />famished, geStent is that this Bonorshpll be construed as a statutory bond and not as a common law bond.
<br />Signed d sealed this 17t { day of November 2016
<br />Indiana Earth, I
<br />/1 5 15
<br />(Principal) /
<br />Todd Sebago. Attornev.in•Fact
<br />[nit AIA Documant A310- —2010. Copyright 01963, 1970 and 2010 by The American institute of Architects. All rights reserved. WARNING: This AlA*
<br />Document Is protected by U.S. Copyright I.aw and International Treaties. Unauthorized reproduction or distribution of this AIA* Document or
<br />any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law.
<br />/ Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Conrad Documents, e-mail
<br />TheAmedcen Institute of Architects' legal counsel, copyright@aia.org. omno
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